GOOD EVENING INDIA

October 17, 2018, Wednesday

Your Evening News Updates From Across The Media Space

STORY OF THE DAY

Food and fuel prices push May inflation to four-month high

Food and fuel prices push May inflation to four-month high

May retail inflation continued its upward trajectory and recorded a four-month high of 4.87 per cent compared to 4.58 per cent in April fueled by rising crude oil prices.

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MUST READ

OPINION: Vajpayee's reforms or Modi's? Both have their merits

OPINION: Vajpayee's reforms or Modi's? Both have their merits

Context is always important when judging a government’s performance on reforms. Many commentators who believe in free markets tend to rate Atal Bihari Vajpayee’s reforms higher than Narendra Modi’s, possibly because the former led a messy coalition while the latter has an absolute Lok Sabha majority.

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Modi’s UDAY scheme: UP discom ‘nowhere near target’ to cut losses; you’ll be surprised who is to blame

Modi’s UDAY scheme: UP discom ‘nowhere near target’ to cut losses; you’ll be surprised who is to blame

Narendra Modi government’s ambitious discoms’ rescue scheme, UDAY, recently witnessed a huge success with both Haryana power distribution companies posting profits after a gap of 15 years.

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In a first, Tirupati temple to use electric cars

In a first, Tirupati temple to use electric cars

The Tirumala Tirupati Devasthanams (TTD) is all set to become the first temple management in the world to use electric cars for commuting. As part of its electric vehicles policy, the Andhra Pradesh government will deploy 350 electric cars across the state by June end. Of this, 50 will be for the use of TTD officials in Tirumala.

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Solar power installations in India rise by 34 per cent in first quarter

Solar power installations in India rise by 34 per cent in first quarter

Solar power installations in India increased by 34 per cent to 3,269 mw in the first quarter of 2018 compared with the fourth quarter of 2017, according to Mercom Communications.

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BHEL bags Rs 125 crore contract for solar power plants in Gujarat

BHEL bags Rs 125 crore contract for solar power plants in Gujarat

Bharat Heavy Electricals Ltd (BHEL), the country’s largest power equipment manufacturer, today announced it has bagged two orders worth Rs 125 crore for setting up solar photo voltaic power projects in Gujarat.

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India's NTPC seeks EPC contractors for 36 MW of solar

India's NTPC seeks EPC contractors for 36 MW of solar

Indian power producer NTPC Ltd (BOM:532555) has invited bids for 36 MW of grid-connected solar photovoltaic (PV) capacity, to be installed in the states of Telangana and Gujarat.

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India To Begin Local Manufacture Of Lithium-Ion Batteries For Solar Application, Will Lead To Lower Prices

India To Begin Local Manufacture Of Lithium-Ion Batteries For Solar Application, Will Lead To Lower Prices

Lithium-ion batteries are the current pinnacle of energy storage technology and India is one of the biggest importers. According to Ministry of Science and Technology, in 2017 India imported $150 million worth of batteries. https://www.indiatimes.com/technology/news/india-to-begin-local-manufacture-of-lithium-ion-batteries-for-solar-application-will-lead-to-lower-prices-347261.html

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India slips to bottom on global environment performance index 2018

India slips to bottom on global environment performance index 2018

Unable to improve its air quality, protect its biodiversity, and cut its greenhouse gas emissions, India – say all available data -- stands today at the bottom of the Global Environment Performance Index (EPI) rankings.

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Govt to soon hold stakeholders meet on stressed power projects: Piyush Goyal

Govt to soon hold stakeholders meet on stressed power projects: Piyush Goyal

Banking secretary Rajiv Kumar will shortly hold a meeting with banks, power companies, Reserve Bank of India (RBI) and the power ministry to discuss ways to address issues facing stressed power plants, as directed by the Allahabad High Court, railways and coal minister Piyush Goyal said on Monday.

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Stressed power assets: Is there any clear and ultimate 'Samadhan'?

Stressed power assets: Is there any clear and ultimate 'Samadhan'?

Replying to the Union power ministry’s request for extension to stressed power projects, the Reserve Bank of India (RBI) has said that no such extension would change the fundamental issues facing the power sector.

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China solar policies to boost quality, ease burden on govt - Xinhua

China solar policies to boost quality, ease burden on govt - Xinhua

China's decision to curb solar power capacity growth and cut subsidies will help the sector focus on quality rather than quantity and ease the financial burden on the government, an energy official said in an interview with state news agency Xinhua.

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HC stays construction of all hydro power plants in Uttarakhand

HC stays construction of all hydro power plants in Uttarakhand

The Uttarakhand High Court has ordered a stay on construction of all hydro power plants in the state and directed the district magistrates to identify sites within eight weeks for disposal of debris from every project.

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Firm proposes waste-to-power unit for Belagavi

Firm proposes waste-to-power unit for Belagavi

A Mumbai-based company having 20 years experience in solid waste management has shown interest in treating waste from Belagavi and generate power out of it.

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Bramas touches Rs 200 crore turnover, earns BHEL praise for supplies

Bramas touches Rs 200 crore turnover, earns BHEL praise for supplies

Bramas, a non-profit association which identifies and supplies raw materials for micro, small and medium enterprises (MSME) attached to BHELSIA (BHEL Small and Medium Industries Association), has attained a landmark by registering a turnover of Rs 200 crores in the financial year 2017-18.

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Tamil Nadu sees spurt in green power production on higher hydro generation

Tamil Nadu sees spurt in green power production on higher hydro generation

Tamil Nadu’s green power generation has increased with a high contribution of hydro power in the last two days. Heavy rain in the Nilgiris district helped contribute to the high hydro power generation. Along with wind and solar, the total green power generation crossed 38%.

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High coal supply helps power plants avoid summer outages

High coal supply helps power plants avoid summer outages

Coal is once again helping avert electricity shortage by making it possible for thermal power stations to raise output to more than 103% of their scheduled production target with a view to bridging generation shortfall from hydro-electric plants.

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Trump's coal, nuclear bailout no shield from hackers - cyber experts

Trump's coal, nuclear bailout no shield from hackers - cyber experts

Bailing out nuclear and coal-fired power plants will not toughen the U.S. power grid against cyber attacks as the Trump administration claims, according to cyber experts, because hackers have a wide array of options for hitting electric infrastructure and nuclear facilities that are high-profile targets.

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Oil prices rise with global markets as Trump hails positive meeting with Kim

Oil prices rise with global markets as Trump hails positive meeting with Kim

Oil prices rose alongside global markets on Tuesday as U.S. President Donald Trump said a summit in Singapore with North Korea's Kim Jong Un had made "a lot of progress", boosting hopes of a deal to end a nuclear standoff on the Korean peninsula.

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Modi govt to extend gas connections under Ujjwala to all Most Backward Castes, SCs and STs

Modi govt to extend gas connections under Ujjwala to all Most Backward Castes, SCs and STs

In a significant Dalit and backward caste outreach ahead of the 2019 Lok Sabha elections, the BJP-led NDA government has decided to provide gas connections under its ambitious Ujjwala Yojna to all families of most backward castes (MBCs),

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Sinopec Tianjin refinery on track to produce 120,000 T ethanol gasoline a month

Sinopec Tianjin refinery on track to produce 120,000 T ethanol gasoline a month

Sinopec said on Tuesday its Tianjin refinery will be able to produce 120,000 tonnes of ethanol gasoline per month by October 1, a deadline for the city to replace traditional fuel with biofuel,

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Haryana CM approves e-auction for allotting petrol pumps, CNG sites

Haryana CM approves e-auction for allotting petrol pumps, CNG sites

Haryana Chief Minister Manohar Lal Khattar has approved introduction of e-auction with an amendment in the policy for allotment of petrol pumps, CNG or PNG sites to various oil companies in the urban estates of Haryana Shehari Vikas Pradhikaran (HSVP).

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Stubble burning: Punjab to manufacture Bio-CNG from paddy straw

Stubble burning: Punjab to manufacture Bio-CNG from paddy straw

The government is committed to free Punjab from pollution due to stubble burning and every possible effort is afoot for the same, state minister Gurpreet Singh Kangar said. Punjab Energy Development Agency (PEDA) is serious on the issue and is working consistently in this direction, the Minister of Power and Renewable Energy said.

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Cairn Energy’s tax headache is set to clear, at last

Cairn Energy’s tax headache is set to clear, at last

It looks set to be an interesting few months for shareholders in Cairn Energy as the finishing line approaches in a long-running $1.6 billion tax dispute.

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Exxon Mobil breaks with past, bulks up energy trading to boost profit

Exxon Mobil breaks with past, bulks up energy trading to boost profit

Exxon MobilCorp is pushing deeper into energy trading, building a global cadre of experienced traders and beefing up risk-management systems to lift profit, according to executive recruiters and people familiar with the business.

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Transporters protest against rising fuel prices

Transporters protest against rising fuel prices

Over 200 district-based transporters marched to the district collector's office on Monday to protest against the recent increase in fuel prices and imposition of several taxes.

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Pimco flags oil risks as funds unimpressed by 8% India bond yield

Pimco flags oil risks as funds unimpressed by 8% India bond yield

India’s benchmark bond yield jumped above 8 per cent last week for the first time in three years. Even that isn’t enough to lure back some of the world’s biggest money managers.

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Bio CNG and Bio-ethanol to be manufactured from paddy straw

Bio CNG and Bio-ethanol to be manufactured from paddy straw

The Government is committed to free Punjab from pollution due to paddy straw burning and every possible effort is afoot for the same. The Punjab Energy Development Agency (PEDA) is serious on the issue and is working consistently in this direction.

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Petrol Price Cut by 15 Paise and Diesel by 11 Paise; 6 Points to Know About Fuel Prices Today

Petrol Price Cut by 15 Paise and Diesel by 11 Paise; 6 Points to Know About Fuel Prices Today

Petrol prices continue to fall for 14 days in a row at Rs 76.43 per litre in Delhi and Rs 84.26 per litre in Mumbai. On Tuesday, diesel prices were at Rs 67.85 per litre in Delhi and Rs 72.24 per litre in Mumbai.

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Global LNG trade grows 10 pct in 2017 as U.S., Australia boost exports

Global LNG trade grows 10 pct in 2017 as U.S., Australia boost exports

Global liquefied natural gas (LNG) trade grew by 10 percent last year due primarily to growing liquefaction capacity in the Australia and the United States, the U.S. Energy Information Administration(EIA) said on Monday.

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Nearly two dozen UP cities to get piped gas at home: Dharmendra Pradhan

Nearly two dozen UP cities to get piped gas at home: Dharmendra Pradhan

As many as 22 more towns and cities of Uttar Pradesh will soon be supplied piped natural gas(PNG), Petroleum Minister Dharmendra Pradhan announced here.

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Government puts IRCTC disinvestment plan on hold, wants better valuation

Government puts IRCTC disinvestment plan on hold, wants better valuation

The government has deferred its plans for disinvestment of Indian Railway Catering and Tourism Corporation (IRCTC) as it wants a better valuation of the e-commerce site.

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Delhi to Meerut in 60 Minutes: 10 Awesome Facts About This High-Speed Corridor!

Delhi to Meerut in 60 Minutes: 10 Awesome Facts About This High-Speed Corridor!

Awaiting clearance from the Delhi government, the high-speed Regional Rapid Transit System (RRTS), will cut the travel time between Delhi and Meerut by around 60 minutes, reports the Times of India. Yes, that’s right, 82 km will be covered in just an hour.

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Namma Metro's Mysuru Road extension work may go beyond 2019

Namma Metro's Mysuru Road extension work may go beyond 2019

It appears that Namma Metro’s Mysuru Road extension, which was to be ready by the end of this year, may not materialise before December 2019. This is evident as the Bengaluru Metro Rail Corporation (BMRCL) has not awarded contracts for the architectural work of the six stations on this route.

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India set to miss key target for Japan-backed bullet train project: sources

India set to miss key target for Japan-backed bullet train project: sources

India is set to miss a December deadline to acquire land for a Japan-backed $17 billion bullet train project following protests by fruit growers, government officials said, likely delaying one of Prime Minister Narendra Modi's most ambitious projects.

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Western Railway to change Support Poles in Local Trains for better grip to commuters

Western Railway to change Support Poles in Local Trains for better grip to commuters

Considering that the support pole at the entrance of local trains gets drenched and slippery, the Western Railways (WR) has decided to cover the pole with chequered holders for better grip.

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Railway Ministry decides to preserve Narrow Gauge Railway built by Gaekwad Baroda State Railway

Railway Ministry decides to preserve Narrow Gauge Railway built by Gaekwad Baroda State Railway

Indian Railways to preserve five narrow gauge rail lines: Indian Railways has recently decided to preserve the five oldest, working narrow gauge lines dating back to the 19th century from complete extinction.

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SER Performance Review: Member-Staff urges officials to be more compassionate towards Railwaymen complaints/grievances

SER Performance Review: Member-Staff urges officials to be more compassionate towards Railwaymen complaints/grievances

Sri D K Gayen, Member Staff, Railway Board visited S E Railway Central Hospital, Garden Reach and held a high level meeting to review the performance of Personnel Branch and the Medical Department of S E Railway this morning (11th June, 2018).

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Western Railway carries out Special 10-day Drive at important Stations for promotion of UTS Mobile App

Western Railway carries out Special 10-day Drive at important Stations for promotion of UTS Mobile App

Western Railway’s Mumbai Division has started an awareness drive for promotion of UTS Mobile App at 10 of its important suburban stations viz.

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